According to Odaily, Argo, a Nasdaq-listed cryptocurrency mining company, has released its unaudited financial results for the third quarter ending September 30, 2024. The company reported revenues of $7.5 million for the three months and $36.7 million for the nine months ending on that date. This marks a decrease from the previous year’s figures, which were $10.4 million and $34.4 million, respectively.

In addition to the financial performance, Argo disclosed its Bitcoin mining output for the

In the United States, a group of hackers has been accused of stealing over $6.3 million worth of cryptocurrency from a single victim. The government has filed charges against this group for their alleged involvement in a series of hacking incidents. Cryptocurrency is a digital or virtual form of currency that uses cryptography for security.

It operates independently of a central bank and is often used for illegal activities due to its anonymity. The group accused of these hacking activities wil

Shiba Inu (SHIB), the popular dog-themed meme coin, exhibits signs of sustained bearish momentum as its price charts reflect a clear downward trajectory, hinting at the potential for further declines. According to TradingView data, the token experienced a strong rally in early November, reaching a local peak of $0.00003 before entering a consolidation phase characterized by lower highs and narrowing price action.

This consolidation, coupled with a declining market cap, suggests a waning bullish

Russia’s governmental commission on electricity development approved cryptocurrency mining restrictions on Monday, set to take effect on Dec. 1 with subsequent enforcement covering Nov. 15 to March 15 annually through 2031. Deputy Energy Minister Yevgeny Grabchak confirmed the decision, which targets 13 regions, including Irkutsk, Buryatia, and Transbaikal, excluding Moscow. The extended enforcement periods were (…) Source link

<p>The post 13 Regions Face Crypto Mining Ban Under Russia’s New En

According to BlockBeats news, on November 19, the cryptocurrency trading platform WOO X and the artificial intelligence platform Kaito jointly announced a major innovation today: the launch of the artificial intelligence-based order trader “George AI”. “George AI” will join WOO X social copying as an AI order trader, and all users can participate in copying. This groundbreaking achievement not only marks a new application of artificial intelligence in trading strategies and market participation,

Sentiment analysis of social media platforms, done through a branch of AI known as Large Language Models (LLMs), have been applied to traditional trading in stuff like Apple or Nvidia stock. But when it comes to so-called Crypto Twitterthe signal is about an order of magnitude noisier, and is also driving a huge amount of retail trading, according to Yu Hu, CEO of Kaito.

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<p>The post Crypto Exchange Woo X Adds AI-Powered Trader ‘George AI’ to Its Copy Trade App first appeared on Coi

According to BlockBeats news, on November 20, the FBI has been investigating a cryptocurrency scam involving $5 million since August, which targeted 71 victims through a fraudulent investment scheme.

Court documents reveal that scammers used fake social media profiles to lure individuals into a fraudulent trading platform called Bitkanant. The investigation began in August when federal prosecutors in North Carolina executed a search warrant and seized unescrowd USDT wallets worth more than $4.9

Just under a whopping 9,000 BTC was accumulated by spot Bitcoin ETFs in the United States on Tuesday, Nov. 19.

This equates to around $814 million in total aggregate inflows across the eleven funds, according to Coinglass.

Around 450 BTC are mined daily, which means that a huge supply shock is imminent if institutional funds continue to hoover up coins at current rates.

Moreover, the supply shock will be amplified by the halving effect, which reduced block rewards in April. This could induce

Crypto exchange giant Binance on Wednesday caused a stir across the broader market, revealing plans to remove specific BTC trading pairs from its platform. Notably, the crypto exchange revealed that it is delisting particular BTC pairs for C98, IDEX, FIS, MBOX, REN, and TKO crypto tokens. In the wake of this delisting announcement, market participants remain bearish as the mentioned coins’ prices slipped 1%-4%.

Binance Announces Removal Of These Coins’ Cross & Isolated Margin Pairs

In an offic

In recent years, it has become increasingly difficult for young people to enter the housing market. Even in Hungary, where the government keeps trying to please the younger generation. Due to the rocket-like rise in real estate prices, many people are forced to give up on building a home.

But what if there was a tool that could help with this? A tool that would not only preserve the value of your savings, but also increase it?

Bitcoin may be the answer to the problem.

Where are Hungarian hous

Each and every story begins with a memorable scene or a unique setting.

For Web3 gaming in the Philippines, that scene played out in countless Filipino homes during the pandemic: students and workers, confined by lockdowns, discovered they could earn and build value together.

What started as a curious blend of gaming and crypto would later explode into a cultural phenomenon.

But this was just the proverbial testing ground. Fast forward to late 2024, the scene has matured far beyond those earl

BlockBeats News, November 20, according to Cryptonews, cryptocurrency ETP issuer 21Shares AG announced that it has added staking functionality to its Ethereum Core ETP product and renamed it the “Ethereum Staking ETP” (ETHC). The product is currently listed on the SIX Swiss Exchange, Germany’s Xetra Exchange, and the Euronext exchange in Amsterdam.

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<p>The post 21Shares Adds Staking Feature to its Ethereum Core ETP Product first appeared on CoinBuzzFeed.</p>

BlockBeats News, November 20, The Block reported that South Korea’s ruling party intends to move forward with plans to tax cryptocurrency gains from early 2025, rather than approve a further delay, Seoul News reported on Wednesday.

Initially, a 20% tax on cryptocurrency gains (22% as local tax) was scheduled to take effect on January 1, 2022. The plan has been postponed twice to January 1, 2025 due to strong opposition from investors and industry.

However, the party is amending the plan to inc

Zach Anderson Nov 20, 2024 06:26

The Hong Kong Monetary Authority announced the results of the People’s Bank of China’s RMB bills tenders, highlighting the issuance of three-month RMB bills on November 20, 2024.

The Hong Kong Monetary Authority (HKMA) has officially disclosed the results of the tender for the People’s Bank of China (PBOC) RMB bills held on November 20, 2024. The announcement, made on November 19, 2024, provides insights into the issuance of three-month RMB bills, a significant

Or maybe it's just me feeling the cognitive dissonance in crypto is becoming too much to handle. We hype stuff up that isn't worth hyping, we put our chains' keys in other people's hands, and to top it off, now, without any of the goals of web3 reached, we want to let AI run the show? Feels bad man.

Story One

Ethereum 3.0 – poorly supported

Last week, the Ethereum ecosystem gathered for Devcon. While some complained about too many devs, most appeared rather content with a conference living up

BlockBeats news, on November 20, according to Cryptonews, cryptocurrency ETP issuer 21Shares AG announced the addition of staking functionality to its Ethereum Core ETP product and changed its name to “Ethereum Core Collateral ETP” (ETHC). The product is currently listed for trading on SIX Swiss Exchange, Germany’s Xetra Exchange and Euronext Amsterdam.

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<p>The post 21Shares adds staking functionality to its Ethereum core ETP product first appeared on CoinBuzzFeed.</p>

Crypto asset manager Grayscale Investments plans to roll out options trading on its spot Bitcoin ETFs on Wednesday amid the first glimpses of solid investor appetite for such products.

The announcement comes a day after BlackRock’s iShares Bitcoin Trust (IBIT) achieved record-breaking activity on its first day of options trading, pushing Bitcoin to a new all-time high.

Grayscale will launch options trading on GBTC (Grayscale Bitcoin Trust) and BTC (Bitcoin Mini Trust) to “further (develop) the

BlockBeats news, on November 20, according to Cryptonews, cryptocurrency ETP issuer 21Shares AG announced the addition of staking functionality to its Ethereum Core ETP product and changed its name to “Ethereum Core Collateral ETP” (ETHC). The product is currently listed for trading on SIX Swiss Exchange, Germany’s Xetra Exchange and Euronext Amsterdam.

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<p>The post 21Shares adds staking functionality to its Ethereum core ETP product first appeared on CoinBuzzFeed.</p>

(PRESS RELEASE – London, United Kingdom, November 19th, 2024)

Pepe Unchained operates within the memecoin sector, focusing on utility and efficiency through Layer 2 blockchain technology. This approach aims to enhance scalability and transaction speed, addressing common challenges in blockchain networks during peak market activity.

With a growing ecosystem and community, Pepe Unchained’s adoption of Layer 2 solutions positions it as a contender seeking to improve the user experience while navi

There are five key indicators that can help investors tell if Bitcoin is bearing a local top, and one of them is already flashing red.

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<p>The post Five warning signs Bitcoin’s price could be about to crash: CryptoQuant first appeared on CoinBuzzFeed.</p>